1 - 456 WHARNCLIFFE ROAD S, London South (South G)
$129,000
For sale: Other
- Property type
- Sale Of Business
- Bedrooms / bathrooms
- 1 bathroom
- MLS®
- MLS® X13826286
- Neighbourhood
- South G
Well-Established Convenience Store & Canada Post Outlet in a high-traffic location. Rare opportunity to acquire a long-standing retail business with 15 years of continuous operation. The business is well established in the community and features a busy Canada Post outlet, complemented by lottery sales, passport photo services and an alteration/dry-cleaning depot. Positioned within a major commercial corridor, with approximately 33,000 vehicles passing daily, the location offers excellent visibility and exposure, with ample parking. The surrounding plaza is home to established businesses including Pita Pita Middle Eastern Cuisine, Subway and Midas, creating a strong commercial environment and consistent customer activity. An attractive lease term further supports the opportunity for a buyer looking for long-term stability. There is additional potential to grow the business through extended operating hours and the introduction of additional products and services, subject to applicable approvals. The Landlord has also approved, at the Tenant's expense, a separate front entrance for a potential vape shop, subject to City approval and all other applicable requirements. Inventory extra. NDA required for release of financial information.
Sold data
Other homes in London South (South G) — recent sold market
Other homes in London South (South G) took a median of 21 days to sell over the last 730 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 62, across 31 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.
The median sale price was $575,000.
Homes sold for about 2.2% below asking on average, so there was room to negotiate.
About 19% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
- Median days to sell
- 21
- Median sale price
- $575,000
- Sale-to-list ratio
- 97.8%
- Sold above asking
- 19%
Based on 31 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in London South (South G)
London South (South G) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.
- Rated schools
- 116
- Elementary
- 97
- Secondary
- 19
- Average rating
- 5.5 / 10
Top-rated schools in London South (South G)
- John Dearness — elementary, LondonFraser rating 9.8/10
- St George — elementary, LondonFraser rating 9.1/10
- Jack Chambers — elementary, LondonFraser rating 8.8/10
- Sir Arthur Currie — elementary, LondonFraser rating 8.8/10
- London Central — secondary, LondonFraser rating 8.7/10
- Ryerson — elementary, LondonFraser rating 8.7/10
School ratings from the Fraser Institute's Ontario school report cards.
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